<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from Form 10-K and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000081033 <NAME> PUBLIC SERVICE ELECTRIC AND GAS COMPANY <MULTIPLIER> 1000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> DEC-31-1995 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 11,187,431 <OTHER-PROPERTY-AND-INVEST> 420,798 <TOTAL-CURRENT-ASSETS> 1,392,790 <TOTAL-DEFERRED-CHARGES> 1,555,929 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 14,556,948 <COMMON> 2,563,003 <CAPITAL-SURPLUS-PAID-IN> 594,395 <RETAINED-EARNINGS> 1,372,729 <TOTAL-COMMON-STOCKHOLDERS-EQ> 4,530,127 <PREFERRED-MANDATORY> 360,000 <PREFERRED> 324,994 <LONG-TERM-DEBT-NET> 4,586,268 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 0 <COMMERCIAL-PAPER-OBLIGATIONS> 567,316 <LONG-TERM-DEBT-CURRENT-PORT> 0 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 53,111 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 4,135,132 <TOT-CAPITALIZATION-AND-LIAB> 14,556,948 <GROSS-OPERATING-REVENUE> 5,707,245 <INCOME-TAX-EXPENSE> 325,576<F1> <OTHER-OPERATING-EXPENSES> 4,388,248 <TOTAL-OPERATING-EXPENSES> 4,711,743 <OPERATING-INCOME-LOSS> 995,502 <OTHER-INCOME-NET> 13,052 <INCOME-BEFORE-INTEREST-EXPEN> 1,008,554 <TOTAL-INTEREST-EXPENSE> 406,869 <NET-INCOME> 616,964 <PREFERRED-STOCK-DIVIDENDS> 34,236 <EARNINGS-AVAILABLE-FOR-COMM> 582,728 <COMMON-STOCK-DIVIDENDS> 502,200 <TOTAL-INTEREST-ON-BONDS> 357,584 <CASH-FLOW-OPERATIONS> 1,325,001 <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1>State Income Taxes of $2,062 and Federal Income Taxes for Other Income of $2,081 were incorporated into this line item for FDS purposes. In the referenced financial statements, State Income Taxes are included in Taxes - Other and Federal Income Taxes for Other Income are included in Other Income - Miscellaneous. </FN>